Mon.Mar 11, 2024

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Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

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CPO Crunch: New model armies

Procurement Leaders

Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? Anecdotally, I’ve had several conversations with CPOs recently that have landed on the issue, which is one sure indicator, but another stronger indicator was last week’s CPO community call on the subject.

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VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

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Navigating 2024: Supply Chain and Tech in the Distribution Industry

Supply Chain Brain

In 2024, the distribution industry stands at a crossroads, shaped by rapid technological advances and evolving supply chain dynamics.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to s

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Bombardier increases supplier support system to 50 members

Supply Chain Dive

The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.

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3 things to expect from the pharmaceutical supply chain in 2024

Supply Chain Dive

Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.

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DOJ Opens Criminal Investigation Into Boeing Over Door Plug Blowout Incident

Supply Chain Brain

DOJ investigators have reportedly begun reaching out to passengers and crew aboard the flight where a door plug blew out in January.

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How shippers can nurture better ocean carrier relationships

Supply Chain Dive

Assessing past behaviors and having face-to-face meetings can help solidify deals, an executive from Cummins said at TPM24.

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Finding the Eye of the Storm: How Retailers Can Thrive Amid Ongoing Challenges

Supply Chain Brain

It’s a great time to be a retailer in the U.K., with the current economic situation spurring retailers to innovate and adapt.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry

Procurement Freelancers

In the ever-evolving landscape of the food manufacturing industry, ensuring the smooth and efficient procurement… The post Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry first appeared on Procurement Blog | Procurement & Supply Chain News.

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Supplier discovery versus vendor rationalization: A case of an irresistible force meeting an immovable object

Procurement Insights

How important is supplier discovery to your company? Your answer will determine whether you Should register for this webinar or MUST register for this webinar. Before you answer – a little background information will help: In 2018, an Institute for Supply Management article by Dan Zeiger wrote – “The old 80-20 rule — 80 percent of a company’s spend among the top 20 percent of its suppliers — is often considered an ideal starting point.

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Three U.S. Nitrogen Gas Manufacturers Bar Products From Use in Executions

Supply Chain Brain

It’s the first example of corporate action to stop medical nitrogen being used to kill people.

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Dun & Bradstreet Finds Most Supply Chains are Underprepared for Big Disruptions

SCMR (Supply Chain Management Review)

Despite the proliferation of technology to ease the process, most smaller businesses are not prioritizing the strengthening of their supply chains.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Great Stories Are Simple

Negotiations Ninja

In episode #439 of Negotiations Ninja, Mark Carpenter shared how storytelling makes leadership more credible and increases the all-important “know, like, and trust” factor. But how do you get better at telling stories? What do great stories look like? Let’s start with the basics. What do great stories include?

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malomatia & JAGGAER announce partnership expansion in energy and utilities sector

Jaggaer

The post malomatia & JAGGAER announce partnership expansion in energy and utilities sector appeared first on JAGGAER.

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Magnus Mondays — Category Management: All Talk No Action?

CPO Rising

When I started in procurement in what feels like way too many years ago, it was as a buyer. A few years later I got a new title, strategic buyer! Nothing actually changed but I got a fancier title.

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Automated purchasing software solutions: What to look for in 2024

Fraxion

How automated purchasing software can boost efficiency and reduce costs With efficiency, cost control, risk management, and strategic decision-making top-of-mind, business leaders are placing increasing emphasis on optimizing purchasing processes. Enter automated purchasing software; these innovative tools are purpose-built to transform the way businesses manage their purchasing operations.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Biden Budget For 2025 Fiscal Year Pours Billions Into U.S. Supply Chain Infrastructure

Supply Chain Brain

Biden’s budget looks to shore up ports and repair aging highways and bridges across the U.S.